Advertisements
Advertisements
Question
______ is known as the architect of Indian Planning.
Options
Jawaharlal Nehru
P.C. Mahalanobis
Dr. Manmohan Singh
Dr. Rajendra Prasad
Solution
P.C. Mahalanobis is known as the architect of Indian Planning.
Explanation:
Prashant Chandra Mahalanobis was a statistician from India. He is well known for his contribution to the Second Five Year Plan, which focused on India's industrialization process. As a result, he is renowned as the architect of Indian planning.
APPEARS IN
RELATED QUESTIONS
Which projects were started in the 2nd five-year plan?
Define a plan.
Why did India opt for planning?
Why should plans have goals?
Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
The economy of India is based on planning through the ______ Year Plan develop executed and monitored by the Planning Commission.
Gross Domestic Savings as a proportion of GDP has risen from ______ in 1950-51 to ______ percent in 1990-91.
Who presented the first five year plan?
Read the following statements - Assertion (A) and Reason (R):
Assertion (A) - The goal of equitable distribution of land was fully served by the abolition of intermediaries, in post-independence India.
Reason(R) - Big landlords challenged the land ceiling legislation, delaying the implementation and subsequently escaping from the legislation.
From the given alternatives choose the correct one:
Read the following hypothetical text and answer the given question:
The performance of Indian economy during the period of first seven five year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producers but we failed to promote a strong export surplus. Although public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSU’s) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSU’s continued to function because it was difficult to close a government undertaking even it is a drain on country’s limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So the needs for reform of economic policy was widely felt in the context of changing global economic scenario to achieve desired growth in the country.
Which of the following was not a reason for the public sector to play a major role in the initial phase of Indian Economic Planning?
Read the following hypothetical text and answer the given questions:
The performance of Indian economy during the period of first seven five year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producers but we failed to promote a strong export surplus. Although public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSU’s) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSU’s continued to function because it was difficult to close a government undertaking even it is a drain on country’s limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So the needs for reform of economic policy was widely felt in the context of changing global economic scenario to achieve desired growth in the country.
Inward looking trade strategy aimed at ______.
Read the following hypothetical text and answer the given question:
The performance of Indian economy during the period of first seven five year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producers but we failed to promote a strong export surplus. Although public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSU’s) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSU’s continued to function because it was difficult to close a government undertaking even it is a drain on country’s limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So the needs for reform of economic policy was widely felt in the context of changing global economic scenario to achieve desired growth in the country.
Read the following statements - Assertion (A) and Reason (R)
Assertion (A): Many public sector undertakings incurred huge losses due to operational inefficiencies.
Reason (R): Red-tapism was one of the reasons for continuation of such enterprises.
Select the correct alternative from the following:
______ refers to the annual percentage increase in real national income during that period.
What is the difference between planning objectives and plan objectives?
During the period of planning the average growth rate of agricultural produce was ______
Identify the correct combination of the ‘Goals of Indian Five Year Plans’:
Statement 1: First Five Year Plan of China commenced in the Year 1956.
Statement 2: Both India and China adopted Socialist Economy model, following USSR.
In the light of the given statements, choose the correct alternative: